Governor Yahaya Bello of Kogi State has issued a directive to freeze all state and local government accounts immediately. The announcement, conveyed by the Commissioner for Finance, Asiwaju Asiru Idris, in a statement in Lokoja, mandates the cessation of imprest or any payments from the government accounts. Additionally, standing orders and investment instructions are canceled with immediate effect.
Effective Thursday, November 22, 2003, the directive puts a freeze on all Kogi State and Local Government accounts. The statement did not provide detailed reasons for the abrupt freezing of the accounts, leaving the public and stakeholders in suspense about the motives behind this financial directive. The move raises questions about the financial implications and potential impacts on government operations, sparking concerns and speculation among residents and officials alike.
